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Strong Dollar Steps In to Bolster Some Economies

U.S. currency’s surge aids efforts to raise growth and spark inflation, goals that have proven difficult to achieve despite years of stimulus policies

By

Ira Iosebashvili

Jan. 16, 2017 5:00 a.m. ET

The stronger dollar is giving some economies a boost that stimulus measures struggled to deliver, even as the U.S. currency’s rally threatens commodity prices and emerging markets.

By weakening other currencies, the dollar’s surge has aided the efforts of governments and central banks to raise growth and spark inflation, goals that have proven difficult to achieve despite years of easy-money policies.